Russell Investments Investment Grade Bond Fund (RFAYX) belongs to the Intermediate Core Bond category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with RFAYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RFAYX
RFAYX charges 0.32% annually. There are 27 mutual funds in the Intermediate Core Bond category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Mortgage Strategy Portfolio | 0.02% | — | Dec 2007 | RFAYX vs FMBPX | |
| State Street Aggregate Bond Index Portfolio | 0.02% | — | Sep 2014 | RFAYX vs SSAFX | |
| Fisher Investments Institutional Group Fixed Incom... | 0.03% | — | Dec 2019 | RFAYX vs QDIBX | |
| Fisher Investments Institutional Group ESG Fixed I... | 0.04% | — | Dec 2019 | RFAYX vs QDVBX | |
| iShares U.S. Aggregate Bond Index Fund | 0.05% | — | Jul 1993 | RFAYX vs WFBIX |
Best Risk-Adjusted Alternatives to RFAYX
RFAYX has a PortfoliosLab risk / return rank of 25. There are 25 mutual funds in the Intermediate Core Bond category with higher risk-adjusted ranks, going as high as 70.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Loomis Sayles Securitized Asset Fund | 70 | — | Mar 2006 | RFAYX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 64 | — | Oct 2011 | RFAYX vs STWTX | |
| PACE Mortgage-Backed Securities Fixed Income Inves... | 63 | — | Aug 1995 | RFAYX vs PCGTX | |
| Manning & Napier Credit Series | 49 | — | Apr 2020 | RFAYX vs MCDWX | |
| DFA Diversified Fixed Income Portfolio | 44 | — | Aug 2016 | RFAYX vs DFXIX |
Top Performing RFAYX Alternatives (YTD)
RFAYX is at 0.00% YTD. There are 26 mutual funds in the Intermediate Core Bond category with higher YTD returns, going as high as 2.72%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| PACE Mortgage-Backed Securities Fixed Income Inves... | 2.72% | — | Aug 1995 | RFAYX vs PCGTX | |
| Loomis Sayles Securitized Asset Fund | 1.20% | — | Mar 2006 | RFAYX vs LSSAX | |
| Hartford Schroders Tax-Aware Bond Fund | 1.08% | — | Oct 2011 | RFAYX vs STWTX | |
| DFA Diversified Fixed Income Portfolio | 0.77% | — | Aug 2016 | RFAYX vs DFXIX | |
| Fidelity SAI Investment Grade Securitized Fund | 0.66% | — | May 2023 | RFAYX vs FSMOX |
Lowest Volatility Alternatives to RFAYX
RFAYX has 3.57% 1-year volatility. There are 12 mutual funds in the Intermediate Core Bond category with lower 1-year volatility, going as low as 2.48%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Education Income Fund | 2.48% | — | Mar 2021 | RFAYX vs FEDUX | |
| Baird Intermediate Bond Fund | 2.49% | — | Sep 2000 | RFAYX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | 2.51% | — | Sep 2000 | RFAYX vs BIMIX | |
| DFA Diversified Fixed Income Portfolio | 2.64% | — | Aug 2016 | RFAYX vs DFXIX | |
| Johnson Institutional Intermediate Bond Fund | 2.74% | — | Aug 2000 | RFAYX vs JIBEX |
Lowest Drawdown Alternatives to RFAYX
RFAYX has a 1-year max drawdown of -2.73%. There are 19 mutual funds in the Intermediate Core Bond category with shallower 1-year drawdowns, going as shallow as -1.69%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Diversified Fixed Income Portfolio | -1.69% | — | Aug 2016 | RFAYX vs DFXIX | |
| Fidelity Education Income Fund | -1.72% | — | Mar 2021 | RFAYX vs FEDUX | |
| Baird Intermediate Bond Fund | -1.87% | — | Sep 2000 | RFAYX vs BIMSX | |
| Baird Intermediate Bond Fund Class Institutional | -2.07% | — | Sep 2000 | RFAYX vs BIMIX | |
| Fidelity Intermediate Bond Fund | -2.11% | — | May 1975 | RFAYX vs FTHRX |
Other Mutual Funds from Russell
The 10 most viewed Russell mutual funds shown here include REBYX, RLVSX, RGEAX and span 8 categories.
Often Compared With RFAYX
Investors most often compare RFAYX with FTEC, FBNDX, ^GSPC. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare RFAYX with Any Fund or Stock
Compare RFAYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RFAYX with funds that move differently
Russell Investments Investment Grade Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RFAYX.
Explore RFAYX Diversifiers